BEYOND UBI How to Survive in the Post-Labor Economy
AI Summary
In this video, Dr. McCoy discusses the impending ‘jobs apocalypse’ anticipated within the next three years due to advancements in AI and automation. He argues that while Universal Basic Income (UBI) is necessary, it will not suffice to address the profound economic changes on the horizon. Dr. McCoy presents five strategies for individuals to thrive in a post-labor economy: 1) Become a platform stakeholder by investing in AI companies; 2) Develop AI-complementary skills to enhance job security; 3) Build community resilience through local partnerships; 4) Create multiple revenue streams instead of relying solely on wages; and 5) Cultivate spiritual alignment to find purpose beyond traditional employment. He emphasizes that preparation and proactive adaptation are key to navigating the upcoming transformations and achieving long-term success.